Yvonne Ashon

Consultant at LNJ Business Consulting

Pricing products effectively is a delicate balance between profitability and customer satisfaction. By understanding your costs, researching the market, and implementing various pricing strategies, you can set prices that ensure a healthy profit margin while remaining competitive. Regularly monitoring and adjusting your prices, bundling products, and leveraging technology will help you stay ahead of the game and achieve break-even, ultimately leading to long-term business success.